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Land Bank warns expropriating farm land could trigger default
South Africa’s Land and Agricultural Development Bank has warned expropriating farm land without compensation could cost the government R41 billion ($2.8 billion) if it’s forced to repay the state company’s debt immediately.
South Africa’s Land and Agricultural Development Bank has warned expropriating farm land without compensation could cost the government R41 billion ($2.8 billion) if it’s forced to repay the state company’s debt immediately.